, welcome to the others watching. appreciative to the bank of america for making these conversations possible. we had a great partnership this year, including conventions, election night, and so we're very, very excited to be ail to bring these substantive conversations about the most important issues driving washington to you, thanks to the bank of america. thank you, john, and thank you to your colleagues. you may have gotten cards. we'll be bringing you into the conversation, think about what you're going to ask. without further adieu, we'll bring in bob woodward. mr. woodward? [applause] >> thank you. saving seats with my notes. i'll pick those up. >> which is your chair? >> you get the daddy chair. >> okay, thank you, thank you. >> so the price of politics, which has become a best seller, as all your books do, looked at the last cliff negotiations over the previous grand bargain that didn't quite get over the finish line. what does that teach us about the current cliff negotiations? >> well, it's ground hog day. the question who is playing bill murray? i mean such a repetition.